Black Friday Deals for Las Vegas Luxury Condos?
Posted by Bruce Hiatt - November 24th, 2007
Categories: High Rise Condos
While everyone knows about Black Friday as a famous holiday shopping day, ever consider that Black Friday includes Las Vegas luxury condo deals too?
With Strip land prices continuing to command record prices per acre, today’s newly constructed Las Vegas luxury condos are priced at 2004 to 2005 prices when Strip land was worth a lot less than today. Consider Sky Las Vegas as an example. You can purchase a new one bedroom nicely finished one bedroom condo in the only luxury high rise condo tower on the Strip for $400,000. It’s price per square foot is $514.
With incredible amenties from dog run to movie screening room, it is amazing that a one bedroom nicely finished luxury condo with a highly prized Strip address would sell that low. The land under Sky Las Vegas was $4 million an acre when the project began its construction and today that land is worth $34 million an acre. You do the math on replacement value.
Black Friday luxury condo deals exist in more than one Las Vegas high rise condo tower.
Near Sky Las Vegas is another great newly completed high rise condo known as Turnberry Towers. Similar to Sky Las Vegas are great luxury condo deals at Turnberry Towers. Consider the following amazing one bedroom luxury condo on the 10th floor. Its highly polished Travertine stone floors, custom closets, high baseboards, custom painted interior and upgraded carpet are just a few of the upgrades in this beautiful one bedroom condo. In case you didn’t know it, Turnberry Towers condos are delivered bare floor and primed walls so you have to complete the condo for additional decorating cost.
This beautiful never occupied 10th floor Turnberry Towers one bedroom condo is currently priced at $459,900. At $565 a square foot you can’t build new condos next to the Strip today at such price points.
Wouldn’t you enjoy cooking in this new kitchen with that highly polished Travertine stone flooring? At this price point, it may be your last opportunity next to the Strip to do so.
Call Bruce Hiatt today at (702) 456-7080 x201
to tour this great luxury condo deal even though we are now past Black Friday.
Copyright 2007, Luxury Realty Group, Inc. All Rights Reserved.
Bruce Hiatt, Broker, CRS can be reached at 702-456-7080 x201.
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